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CSIO vs NFRA: which is really different?

CSIO holds 54.2% of its weight in S&P 500 companies and NFRA 35.8%. Cohen & Steers Infrastructure Opportunities Active ETF and Northern Trust STOXX Global Broad Infrastructure ETF.

NFRA costs 0.18 points a year less; NFRA is far larger, $3.0bn against $44m.

CSIONFRA
Expense ratio0.65%0.47%
Net assets, CSIO as of Jun 30, 2026 and NFRA as of Jul 31, 2026$44m$3.0bn
Total return, 1 yearnot published+5.5%
What it tracksInfrastructureInfrastructure
Holdings in commonnot published
S&P 500, total return, since Dec 10, 2025+14.4%
S&P 500, total return, 1 year+17.3%
Against the S&P 500, since Dec 10, 2025behind by 2.8 pts
Against the S&P 500, 1 yearbehind by 11.7 pts
Below its all-time high5.3%, high on Jul 24, 20265.5%, high on Feb 27, 2026
54.2%
CSIO in the S&P 500
35.8%
NFRA in the S&P 500
+11.6%
CSIO total return, since launch
+5.5%
NFRA total return, 1 year
CSIO · 6 months to Oct 9, 202646% of its weight is outside the S&P 500
46% of its weight is outside the S&P 50054% of CSIO's weight is in S&P 500 companies and 46% is outside the index. Holdings as of Jun 30, 2026.54%46%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 99% · top ten 52% of the fund · 29 holdings as filed for Jun 30, 2026 · Nasdaq-100: 7% in46% of its weight is outside the S&P 50054% of CSIO's weight is in S&P 500 companies and 46% is outside the index. Holdings as of Jun 30, 2026.54%46%in the S&P 500outsideactive share 99% · Nasdaq-100: 7% in

54% of CSIO's weight is in S&P 500 companies and 46% is outside the index. Holdings as of Jun 30, 2026.

NFRA · 1 year to Oct 9, 202664% of its weight is outside the S&P 500
64% of its weight is outside the S&P 50036% of NFRA's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jul 31, 2026.36%64%of its weight in S&P 500 companiesof its weight outside the S&P 500active share 96% · top ten 29% of the fund · 179 holdings as filed for Jul 31, 2026 · Nasdaq-100: 7% in64% of its weight is outside the S&P 50036% of NFRA's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jul 31, 2026.36%64%inoutside the S&P 500active share 96% · Nasdaq-100: 7% in

36% of NFRA's weight is in S&P 500 companies and 64% is outside the index. Holdings as of Jul 31, 2026.

ETFIQ Off-Index Score · CSIO scores higherHow much of it is not the index it is sold as an alternative to?
0.1, the lowest in this set92.3, the highest

A percentile among the 391 thematic ETFs with a holdings filing. All thematic ETFs ranked by it → How it is computed →

Performance, window by window

Total returnvs the S&P 500vs the Nasdaq-100
WindowCSIONFRACSIONFRACSIONFRA
3 months−4.3%−3.7%−7.6 pts−7.1 pts−7.9 pts−7.4 pts
6 months−2.6%−2.5%−17.7 pts−17.7 pts−25.8 pts−25.7 pts
1 yearnot published+5.5%not published−11.7 ptsnot published−18.1 pts
3 yearsnot published+45.2%not published−40.6 ptsnot published−62.1 pts
Since launch
CSIO Dec 2025 · NFRA Oct 2013
+11.6%+127.4%−2.8 pts−358.0 pts−8.7 pts−857.4 pts

Source: ETFIQ. Open the live comparison on ETFIQ →

On the same fields

CSIO
Cohen & Steers Infrastructure Opportunities Active ETF · Holds 29 stocks in infrastructure, 54% of its weight in S&P 500 companies
NFRA
Northern Trust STOXX Global Broad Infrastructure ETF · Holds 179 stocks in infrastructure, 36% of its weight in S&P 500 companies
Issuer Cohen & Steers Northern Trust
Theme Infrastructure Infrastructure
In the S&P 500 54.2% 35.8%
Active share vs the S&P 500 99.0% 96.1%
In the Nasdaq-100 6.8% 7.4%
Holdings 29 179
Top ten, share of the fund 51.9% 28.6%
Expense ratio 0.65% 0.47%
Fee for the differing part 0.66% 0.49%
Total return, 1 year +11.6% (since it first traded on Dec 10, 2025) +5.5%
vs the S&P 500 −2.8 pts −11.7 pts
vs the Nasdaq-100 −8.7 pts −18.1 pts
Below its high −5.3% −5.5%
Net assets, CSIO as of Jun 30, 2026 and NFRA as of Jul 31, 2026 $44m $3.0bn

As of Oct 9, 2026. Source: ETFIQ.

CSIO in plain words

By weight, 54% of CSIO's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 99%. The top ten holdings are 52% of the fund across 29 positions, as filed for Jun 30, 2026. Since it first traded on Dec 10, 2025 the fund returned +11.6% with distributions reinvested against +14.4% for the S&P 500, so a holder was behind by 2.8 pts. It sits 5.3% below its all-time high of Jul 24, 2026.

NFRA in plain words

By weight, 36% of NFRA's portfolio is stocks that are also in the S&P 500; its active share against the S&P 500 is 96%. The top ten holdings are 29% of the fund across 179 positions, as filed for Jul 31, 2026. Over the year to Oct 9, 2026 the fund returned +5.5% with distributions reinvested against +17.3% for the S&P 500, so a holder was behind by 11.7 pts. It sits 5.5% below its all-time high of Feb 27, 2026.

Questions people ask

Which is more different from the S&P 500, CSIO or NFRA?
CSIO has 54% of its weight in S&P 500 names and NFRA has 36%, so CSIO differs more from the index.
Which is cheaper, CSIO or NFRA?
CSIO charges 0.65% a year and NFRA charges 0.47%, so NFRA is cheaper. Fees come from each fund's prospectus.
Other comparisons
CSIO vs IPAVCSIO vs IFRACSIO vs GIICSIO vs IGFNFRA vs UPGRNFRA vs PAVENFRA vs NGIFNFRA vs RIFR
CSIO on its own →NFRA on its own →How every figure is computed →Standards and sources →
Where these figures came from
CSIO filings on SEC EDGAR ↗CSIO prospectus with the expense ratio (SEC) ↗Cohen & Steers website ↗NFRA filings on SEC EDGAR ↗NFRA prospectus with the expense ratio (SEC) ↗

ETFIQ links to the documents behind every figure; a link is not an endorsement. A comparison is not a recommendation.

How this is computed

It is a position in a set, not a rating, and neither end of it is a recommendation.

Every figure is an ETFIQ calculation with distributions reinvested.

Cite this page

ETFIQ, CSIO against NFRA, data as of Oct 9, 2026. https://etfiq.com/compare/themes/csio-vs-nfra

Open data

Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms.